https://www.taxtmi.com/article/detailed?id=7535 An exemption permits registered recipients to avoid central tax on intra state taxable supplies received from unregistered suppliers when the aggregate value of such supplies received in a single day from all unregistered suppliers does not exceed a specified daily threshold; if the aggregate exceeds the threshold the recipient is liable to pay tax on the total value, exempt supplies are excluded, interstate supplies and supplies under compulsory reverse charge are not covered, and input tax credit for tax paid under reverse charge is subject to payment and invoice rules. en-us Wed, 02 Aug 2017 08:20:21 +0530 Wed, 02 Aug 2017 08:20:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7535 An exemption permits registered recipients to avoid central tax on intra state taxable supplies received from unregistered suppliers when the aggregate value of such supplies received in a single day from all unregistered suppliers does not exceed a specified daily threshold; if the aggregate exceeds the threshold the recipient is liable to pay tax on the total value, exempt supplies are excluded, interstate supplies and supplies under compulsory reverse charge are not covered, and input tax credit for tax paid under reverse charge is subject to payment and invoice rules. Articles Goods and Services Tax - GST Wed, 02 Aug 2017 08:20:21 +0530 https://www.taxtmi.com/article/detailed?id=7535